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Viewing 7 posts - 21 through 27 (of 27 total)
  • Profile photo of Martine

    Steve
    Yes I do have a construction loan and so far this will be my only loan.
    Thanks
    Martine

    Profile photo of Martine

    Really enjoyed the laugh
    Martine

    Profile photo of Martine

    Thanks Guy for your comments, I will continue to obtain as much information as I can and try hard not to over burden myself, at the moment I can easily repay the loan even without any tenants over the whole of the loan period even if interests go up but I am really looking to be self funded retirees and only have 15 years to do this.
    As you can see I am a novice (newby) and need all the advice I can get.
    Once again thanks
    Martine

    Profile photo of Martine

    Thanks Terry
    For the words of encouragement I am now ready to tackle another.
    Regards
    Martine[:D

    Profile photo of Martine

    Thanks for the advise Mel
    I will look at the figures and read Steve’s book again to get an idea on which cashflow this property will generate
    Regards
    Martine[:D

    Profile photo of Martine

    Thanks Lucifer
    My intensions are to build and hold for about 10 years after this time I am not sure, but if the worst came to the worst I could continue to pay for the negatively geared property.
    I guess I will give it a go and if it doesn’t work then I could always sell.
    Thanks again
    Martine[8)]

    Profile photo of Martine

    Crj
    Thank you, I never thought of my investment attempts in this manner.
    This is really a great site to gain advise and encouragement.
    Martine[:)]

Viewing 7 posts - 21 through 27 (of 27 total)